Maryland Tax Sales Are Going On Now!

spring_flowersThe Maryland Tax Sales Are Going on Now!

Did you know that the redemption period in Maryland is only 6 months? Maryland tax sales take place in May and June each year.

The state of Maryland has a unique bidding procedure for tax liens. Premium is bid at the auction, but you don’t pay all the premium at the tax sale. Most of the counties collect “high bid premium” in addition to the lien amount at the tax sale. The winning bidder doesn’t pay the entire premium amount unless the lien does not redeem. The entire bid amount must be paid to receive the deed to the property after a tax lien foreclosure.

What is High Bid Premium?

High bid premium is actually a very small amount of what is bid. If the winning bid is less than 40% of the assessed value of the property, no high bid premium is collected. The entire premium only needs to be paid if the lien is foreclosed.

High bid premium is calculated as 20% of the difference between the bid amount and 40% of the assessed value of the property. Here’s an example for a property assessed at $100,000. If the winning bid is $50,000 premium, the investor pays the face amount of the lien + $2,000 (20% of $10,000). But if the winning bid $40,000 (or less than that), only the face amount of the lien is paid at the sale. The premium is collected if the lien doesn’t redeem and the lien is foreclosed.

If you’re still a little confused about high bid premium, you can find a more thorough explanation in this article: https://taxlieninvestingtips.com/2011/03/30/questions-about-maryland-tax-sales.

Other peculiarities about Maryland tax sales

High bid premium is not the only unusual aspect of bidding at the Maryland online tax sales. Some of the Maryland online tax sales don’t really have online bidding. After registering online for the tax sale, bids are submitted on the day of the tax sale. Bids can be submitted either by mail, fax, e-mail, or digital upload – depending on the county.

It’s very important to register early for these tax sales, as some counties have deadlines for registration well ahead of the day of the sale. And since bidding procedures are vert different in each county, read the terms and rules for the sale carefully.

Another Unusual thing about Maryland tax sales is that the interest rate varies by county. There can be a big difference in the interest rate from one county to another. Just to give you an idea of what a big difference there is from one county to another; Frederick county has an annualized interest rate of 8% and Prince George’s County has an annualized interest rate of 20%. Most of the other counties have rates of either 12% or 18% per annum.

Maryland tax sale training

Tax Lien Lady’s® Maryland Online Tax Lien Sale training is a comprehensive video and audio training with links to resources and checklists. Find out more about our Done With You training for Maryland at  https://taxlienlady.com/Maryland.

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Maryland Online Tax Sales

Maryland online tax sales

Maryland tax sales happen in May and June each year, but some of the MD counties have changed the way that have their tax sales since 2020. Some counties had online tax sales for the first time in 2021.

What I like about Maryland Online Tax Sales

What I really like about Maryland tax sales is the short redemption period – only 6 months. Each county has a different interest rate, anywhere from 8 – 20%. The interest rate does not get bid down at the auction. Instead, investors bid premium for the tax lien. They bid a separate dollar amount that they are willing to pay to get the property if the lien does not redeem. 

What seems good but isn’t 

The investor is not required to pay the entire  premium amount until foreclosure of the tax lien. Only a small percent of the premium must be paid at the tax sale, and only if the bid amount is more than 40% of the assessed value of the property. This may sound good. But what it really does is increase the amount of premium bid at the tax sale, and make the competition a little tougher. Investors are willing to bid higher on tax sale properties because they don’t have to come up with the entire bid price at the tax sale.

Here’s what can be challenging 

There are 2 types of tax sales in Maryland. Some counties have a private bid sale. And they have their own websites for these tax sales. So, in addition to a different interest rate in each county, there can also be different bidding rules and procedures. On top of all that, some of the counties are not easy to deal with. It’s very important to know what you’re doing and which tax sales to stay away from.

Done-With-You Training for the Maryland Online Tax Sales 

If you would like to know how to register and bid at these tax sales before it’s too late, take advantage of the training that we have specifically for the Maryland tax sales, and find out how to participate in these sales profitably!

When you register for the online training, you’ll also get one month access to the Tax Lien Profits Accelerator, which includes access to Tax Sale Finders software to help you make the right decisions about which properties to bid on!

2025 Update

As I write this post, 5 Maryland Counties are open for registration for their tax lien sales. Registration for one of them ends next week. Five more counties will be having their online tax sales in May and will be open for registration soon. So get your done-with-you training now for the Maryland Online Tax Lien Sales and find out how to register to bid before it’s too late!

This Training Will Be A Good Fit For You If:

  • You have at least $10,000 to invest. More is better since premium is bid at these auctions
  • You are comfortable investing your money for medium term return (6mo. – 1yr)
  • You are decisive and willing to take action
  • You are willing to take possession and own parcels that don’t redeem

Yes! I Want This Deal!

In this training you’ll discover how to:

 Get the information you need to register and bid at these tax sales

 Pick the best counties to invest in

 Research the properties in the sale to find the right liens to bid on

 Place bids on liens in the tax sale and get the bid results

Protect your investment and maximize your profit!

And I’ll show you how to avoid the common mistakes most new tax lien investors make that cost time and money! Find out more HERE.

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Are You Ready For Spring Tax Sales?

Are you ready to to invest in tax liens or tax deeds? There is no shortage of spring tax sales. Spring is a great time to get involved in tax lien investing no matter what your investment goal or where you live. Here’s what’s coming up in March, April and May… Continue reading

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2025 Indiana Tax Certificate Sales

Maryland online tax sales

It’s time for the Indiana tax certificate sales!

Indiana tax lien sales take place in the fall. The tax liens that are not sold in the fall auctions are certified to the County Commissioner. These liens are sold in the spring, in the County Commissioner’s sale, also referred to as the Tax Certificate Sale. Liens in this tax sale have a shorter redemption period – only 4 months (120 days) instead of 1 year. And the starting bid in these auctions is lowered from the original amount. Each county decides what that starting bid amount will be. I’ve seen starting bids anywhere from $25 – $500 depending on the county. Continue reading

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Winter Tax Sales 2025

bidding in the online tax sales

It’s a new year with new opportunities and possibilities. And we want to help you make the most out of the winter tax sales here at TaxLienLady.com!

For starters there are plenty of tax sales that take place in February and March and some of them are online. In the next 2 months there are tax sales in Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Indiana, Minnesota, Nebraska, New York, New Jersey, New York, North Carolina, Ohio, Oregon, Pennsylvania, Tennessee, Texas, South Carolina, Texas, Virginia, Vermont, Washington and Wisconsin. No matter if you are looking for tax liens, tax deeds, or redeemable deeds, you can find them this winter. Many of these auctions are online. Continue reading

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